REG - ATOME Energy PLC - Director/PDMR Shareholding

AtomeAnnouncement

15/03/2023 14:15

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RNS Number : 1076T  ATOME Energy PLC  15 March 2023

15 March 2023

 
ATOME ENERGY PLC

("ATOME", "the Company", or "the Group")

 

Director / PDMR Shareholding

Transaction

 

ATOME Energy (AIM: ATOM), the only pure international green hydrogen and
ammonia production company on the London Stock Exchange with current
large-scale projects in Europe and South America as well as hydrogen mobility
projects gives notice of a Director / PDMR transaction.

 

Peter Levine, Chairman has today transferred 500,000 ordinary shares in the
Company ("Ordinary Shares") at nil consideration from Alpha Energies Invest
GmbH ("Alpha"), a company owned wholly and beneficially by Peter Levine, to
the Peter Levine Foundation in which neither Peter Levine nor any members of
his family are beneficially interested and whose principal objectives are for
promoting education and the welfare of the young. The Ordinary Shares
transferred represent 1.39% of the issued share capital of the Company.

 

Following the transfer, Peter Levine is now beneficially interested in
8,231,962 Ordinary Shares comprising 2,143,066 Ordinary Shares held directly a
further 2,530,000 Ordinary Shares held in trust for the benefit of Peter
Levine by Alpha and 3,558,896 Ordinary Shares held by PLLG Investments Limited
(which is wholly owned by PLLG Nominees Limited, all of which is held in trust
for Peter Levine).

 

For more information, please visit https://
www.atomeplc.com (http://www.atomeplc.com/)
 or contact:

 

 ATOME Energy PLC                                  +44 (0) 113 337 2210
 Nikita Levine, Investor Relations
info@atomeplc.com
 Beaumont Cornish (Nominated Adviser)              +44 (0) 20 7628 3396
 Roland Cornish, Michael Cornish
 Liberum (Joint Broker)                            +44 (0) 20 3100 2000
 Scott Mathieson, Kate Bannatyne
 SP Angel (Joint Broker)                           +44 (0) 20 3490 0470
 Richard Hail, Caroline Rowe
 finnCap (Joint Broker)                            +44 (0) 20 7220 0500
 Christopher Raggett, George Dollemore
 Tavistock (Financial PR and IR)                   +44 (0) 20 7920 3150
 Simon Hudson, Rebecca Hislaire, Charles Baister   atome@tavistock.co.uk

 

The information communicated within this announcement is deemed to constitute
inside information as stipulated under the Market Abuse Regulations (EU) No
596/2014 which is part of UK law by virtue of the European Union (Withdrawal)
Act 2018. The person who arranged for the release of this announcement on
behalf of the Company was Peter Levine, Chairman.

 

About ATOME

ATOME Energy PLC is an AIM listed company targeting green hydrogen and ammonia
production with over 500-megawatt of projects in Paraguay, Iceland and Central
America.

 

Since its admission to AIM in December 2021 ATOME has signed its first
electrolyser purchase order for its hydrogen transport Mobility Division due
to start generating revenue in 2023 and signed a large scale 120MW power
purchase agreement with ANDE, the state energy company in Paraguay for
production of green hydrogen and ammonia targeted to start operations in 2025.
It has procured 30 hectares of land in Villeta, Paraguay for that facility,
mandated Natixis Corporate Investment Bank and the multilateral IDB Invest to
lead the project funding and the FEED study is currently underway with the
international companies Urbas and Casale.

 

In December 2022, ATOME entered into a joint venture with Cavendish, the
renewable energy arm of the substantial and well-established Purdy Group based
in Costa Rica and formed The National Ammonia Corporation S.A, which is owned
equally by ATOME and Cavendish.

 

ATOME is in the process of operational planning, sourcing and negotiations
with green electricity suppliers, equipment providers and offtake partners,
including signed memoranda of understanding and cooperation agreements in
place with key parties, to use electricity generated from existing geothermal
sources in Iceland and hydroelectric power in Paraguay and Costa Rica. All
chosen sites are located close to the power and water sources and export
facilities to serve significant domestic and then international demand.

 

The Company has a green-focused Board which is supported by major shareholders
including Peter Levine, Trafigura, one of the world's leading commodity and
logistics company, and Schroders, a leading fund manager.

 

 

APPENDICES

 

 1   Details of the person discharging managerial responsibilities/person closely
     associated
 a)  Name                                                         Peter Levine
 2   Reason for the notification
 a)  Position/status                                              Chairman
 b)  Initial notification/Amendment                               Initial notification
 3   Details of the issuer, emission allowance market participant, auction
     platform, auctioneer or auction monitor
 a)  Name                                                         ATOME Energy PLC
 b)  LEI                                                          213800PLO4T7BYXL5I51
 4   Details of the transaction(s): section to be repeated for (i) each type of
     instrument; (ii) each type of transaction; (iii) each date; and (iv) each
     place where transactions have been conducted
 a)  Description of the financial instrument, type of instrument  Ordinary shares of 0.2 pence each

     Identification code

                                                                  ISIN: GB00BP4BSM10
 b)  Nature of the transaction                                    Transfer of Ordinary Shares.
 c)  Price(s) and volume(s)                                                         Price(s)          Volume(s)
     NIL                                                                            500,000

 d)  Aggregated information                                       n/a (single transaction)

     -    Aggregated volume

     -  Price
 e)  Date of the transaction                                      15 March 2023
 f)  Place of the transaction                                     Outside of a trading venue

 

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